With credit card fraud on the rise, it's crucial to know how to safeguard yourself from potential threats. Discover how you can proactively prevent fraud and take necessary action when required.
To best protect yourself, it's important to know the difference between fraud and disputes.
If transactions post onto your account statements not authorized by you directly, that is considered fraud and should be reported to your financial institution.
People can take advantage of your credit or debit card in various ways, either by stealing your credit card information or simply entering relevant card information to get what they are looking for.
Here are some common types of financial crimes involving credit cards:
Here are some steps you can take to protect yourself against possible fraud attempts.
If you see any suspicious behavior on your credit card, here's what you need to do:
If you’re planning on traveling with your credit card, notify your credit card provider and let them know ahead of time that you’ll be traveling. When you give a travel notice in advance, your credit card company will know that you will be making purchases in a different state or country. If you don’t give out a travel notice, your credit card issuer may see these charges as suspicious activity and block your card.
Learn more about some common types of fraud and current alerts and trends on our Fraud & Security Alerts Page.